Market Size of malaysia architectural coatings Industry
| Icons | Lable | Value |
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Study Period | 2016 - 2028 |
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Market Size (2024) | USD 513.09 Million |
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Market Size (2028) | USD 591.38 Million |
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Largest Share by Sub End User | Residential |
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CAGR (2024 - 2028) | 3.61 % |
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Fastest Growing by Sub End User | Commercial |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Malaysia Architectural Coatings Market Analysis
The Malaysia Architectural Coatings Market size is estimated at USD 513.09 million in 2024, and is expected to reach USD 591.38 million by 2028, growing at a CAGR of 3.61% during the forecast period (2024-2028).
- Largest Segment by End-user - Residential : The residential sector dominated the architectural coating consumption due to the increase in purchasing parity and rapid growth in urbanization, which was 77.61% in 2021.
- Largest Segment by Technology - Waterborne : The waterborne coating dominates the market due to the inclining trend towards less VOC emission and the government planning for VOC regulation in forecasted period.
- Largest Segment by Resin - Acrylic : Acrylic is a leading type of resin due to its technological advantages, low VOC emissions in the architectural segment, and preference to coat the exterior wall of buildings.
